Expected growth in the Singapore savory snacks market is projected at USD 62.4 million, reflecting a compound annual growth rate (CAGR) of approximately 3.7% during the upcoming 2024 to 2029 period. Singapore’s savory snacks market is experiencing growth, largely driven by the urban, affluent population’s growing interest in premium, healthier snack options. There is a strong demand for low-calorie, low-sodium snacks, with baked options gaining popularity over traditional fried varieties. Additionally, the diverse food culture in Singapore leads to a mix of both traditional savory snacks, such as salted egg chips and roasted peanuts, and international snack varieties, fostering a dynamic and evolving market.
This report provides a thorough assessment of the Singapore savory snacks industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, packaging material and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the savory snacks industry.
Market Segmentation
The Singapore savory snacks market is categorized into the following segments:
Product type: corn and tortilla chips, meat snacks, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, seafood snacks, vegetable and pulse chips, others
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: convenience stores, forecourt stores, supermarkets and hypermarkets, warehouse clubs, food and drinks stores, grocery stores, general merchant stores, vending, e-commerce, others
The Singapore market for savory snacks is divided based on product type, packaging material and distribution channel. The categorization of the market by product type includes corn and tortilla chips, meat snacks, nuts and seeds, popcorn, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, seafood snacks, vegetable and pulse chips, and others. Packaging material segments encompass flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises convenience stores, forecourt stores, supermarkets and hypermarkets, warehouse clubs, food and drinks stores, grocery stores, general merchant stores, vending, e-commerce, and others.
Competitive Landscape
Key players in the Singapore savory snacks market include Want Want Holdings Limited, Universal Robina Corporation (URC), Tong Garden Food (Singapore) Pte. Ltd., The Golden Duck Co., Taokaenoi Food & Marketing Public Company Limited, Tai Sun (Lim Kee) Food Industries Pte. Ltd., SLG Food Industries Sdn Bhd, Serious Food Co., Seng Hua Hng Foodstuffs Pte Ltd, Sanko Seika Co. Ltd., Perfect Food Mfg (M) Sdn. Bhd., PepsiCo Inc., Namchow Holdings Co. Ltd., Mondelez International Inc., Khong Guan Biscuit Factory (S) Pte. Ltd., Kellanova, JG Summit Holdings Inc., Jacc4our Sdn. Bhd., Hwa Tai Industries Bhd., Hup Seng Industries Bhd., Hormel Foods Corp., Conagra Brands Inc., Cocoba Pte Ltd, Cassava Republic & Roots Co. Pte. Ltd., Campbell Soup Company, Calbee Inc. and Arnott’s Biscuits Ltd.
This comprehensive report analyzes the performance of leading companies in the savory snacks sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
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Obtain precise statistical data and forecasts for the Singapore savory snacks market.
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Gain deep insights into the dynamics of the Singapore savory snacks market.
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Anticipate the future trajectory of the Singapore savory snacks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Singapore Savory Snacks Market – Product Type Analysis
Singapore Savory Snacks Market – Packaging Material Analysis
Singapore Savory Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Want Want Holdings Limited
– Universal Robina Corporation (URC)
– Tong Garden Food (Singapore) Pte. Ltd.
– The Golden Duck Co.
– Taokaenoi Food & Marketing Public Company Limited
– Tai Sun (Lim Kee) Food Industries Pte. Ltd.
– SLG Food Industries Sdn Bhd
– Serious Food Co.
– Seng Hua Hng Foodstuffs Pte Ltd
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Singapore Savory Snacks Market 2019-2029
Chart Singapore Savory Snacks Market, Net Growth, 2019-2029
Chart Singapore Savory Snacks Market, Growth Rates, 2019-2029
Table Singapore Savory Snacks Market by Product Type, 2019-2029
Chart Singapore Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Singapore Savory Snacks Market by Product Type, 2019-2029
Table Singapore Savory Snacks Market by Packaging Material, 2019-2029
Chart Singapore Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2019-2029
Chart Singapore Savory Snacks Market by Packaging Material, 2019-2029
Table Singapore Savory Snacks Market by Distribution Channel, 2019-2029
Chart Singapore Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Singapore Savory Snacks Market by Distribution Channel, 2019-2029
Table Singapore Savory Snacks Market Share (%), by Companies, 2019-2023
Chart Singapore Savory Snacks Market, by Companies, 2023
Table Singapore Savory Snacks Market Share (%), by Brands, 2019-2023
Chart Singapore Savory Snacks Market, by Brands, 2023
Table Singapore – Population (Millions) and Forecast
Table Singapore – Consumer Price Index (CPI) and Forecast
Table Singapore – Gross Domestic Product and Forecast
Table Singapore Savory Snacks Market: Spend as a Proportion of GDP (%)
Table Singapore Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Want Want Holdings Limited
Universal Robina Corporation (URC)
Tong Garden Food (Singapore) Pte. Ltd.
The Golden Duck Co.
Taokaenoi Food & Marketing Public Company Limited
Tai Sun (Lim Kee) Food Industries Pte. Ltd.
SLG Food Industries Sdn Bhd
Serious Food Co.
Seng Hua Hng Foodstuffs Pte Ltd
Sanko Seika Co., Ltd.
Perfect Food Mfg (M) Sdn. Bhd.
PepsiCo, Inc.
Namchow Holdings Co., Ltd.
Mondelez International Inc.
Khong Guan Biscuit Factory (S) Pte. Ltd.
Kellanova
JG Summit Holdings, Inc.
Jacc4our Sdn. Bhd.
Hwa Tai Industries Bhd.
Hup Seng Industries Bhd.
Hormel Foods Corp.
Conagra Brands, Inc.
Cocoba Pte Ltd
Cassava Republic & Roots Co. Pte. Ltd.
Campbell Soup Company
Calbee, Inc.
Arnott’s Biscuits Ltd.